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Dragon Riders GBP/JPY

  • #29,061
  • Sep 4, 2018 5:27am Sep 4, 2018 5:27am
I am long in GJ @ 142.90 and I will add more if it goes down. target above 146. may be around 148 and SL below 141.50
  • #29,062
  • Sep 4, 2018 3:22pm Sep 4, 2018 3:22pm
Quoting msniper
I am long in GJ @ 142.90 and I will add more if it goes down. target above 146. may be around 148 and SL below 141.50
so far 30pips profit

now GJ crossed the blue line and confirmed for me its bullish.

we can move stop loss to 142.30

and once GJ reach to 143.80 we move the stop loss to entry level to make sure no loss
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  • #29,063
  • Sep 5, 2018 4:15am Sep 5, 2018 4:15am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 116 KB


Once reaching 145.69 from 1st angle, possibly target 146.75 from 2nd angle.
POSTMASTER
  • #29,064
  • Edited 8:36am Sep 5, 2018 8:07am | Edited 8:36am
Quoting msniper
I am long in GJ @ 142.90 and I will add more if it goes down. target above 146. may be around 148 and SL below 141.50

GJ now 144.90 that's more than 180pips profit

we move SL to 142.90

target still far away above 146
  • #29,065
  • Sep 5, 2018 8:38am Sep 5, 2018 8:38am
Quoting msniper
{quote} GJ now 144.90 that's more than 180pips profit we move SL to 142.90 target still far away above 146
"Come Josephine in my flying machine
Going up she goes, up she goes..."
Looks like Wave 3 of C just started.....
Lost....
  • #29,066
  • Sep 5, 2018 8:42am Sep 5, 2018 8:42am
A little bit of stall here as it tries to break the 333MA on the 4hr.
I have a TP of 147.60 but will probably get out sooner....
Attached Image (click to enlarge)
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Lost....
  • #29,067
  • Sep 5, 2018 8:43am Sep 5, 2018 8:43am
Quoting Robinhood1
{image} Once reaching 145.69 from 1st angle, possibly target 146.75 from 2nd angle.
Thanks RH1 for your analyses. It confirmed Wave C up instead of Wave 3 down.
Lost....
  • #29,068
  • Sep 5, 2018 10:16am Sep 5, 2018 10:16am
Quoting gespiri
A little bit of stall here as it tries to break the 333MA on the 4hr. I have a TP of 147.60 but will probably get out sooner.... {image}
Price could go above 148 as Msniper has stated so your target should be ok
POSTMASTER
  • #29,069
  • Sep 5, 2018 10:47am Sep 5, 2018 10:47am
Quoting Robinhood1
{quote} Price could go above 148 as Msniper has stated so your target should be ok
Although this pair is really, really volatile.....
Lost....
  • #29,070
  • Sep 5, 2018 11:48am Sep 5, 2018 11:48am
Quoting gespiri
{quote} Although this pair is really, really volatile.....
I Žll be selling @ 145.60 just below recent high. I see GBP/CAD making one more high and therefore will use it as a reference.
Attached Image (click to enlarge)
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This is GBP/CAD and i expect it to go down 1600 pips once the angle has been broken but stilll needs to make one more high.
POSTMASTER
  • #29,071
  • Sep 5, 2018 12:24pm Sep 5, 2018 12:24pm
Quoting Robinhood1
{quote} I Žll be selling @ 145.60 just below recent high. I see GBP/CAD making one more high and therefore will use it as a reference. {image} This is GBP/CAD and i expect it to go down 1600 pips once the angle has been broken but stilll needs to make one more high.
Or this.
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Lost....
  • #29,072
  • Sep 5, 2018 2:04pm Sep 5, 2018 2:04pm
Quoting gespiri
{quote} Or this. {image}
Indeed.
POSTMASTER
  • #29,073
  • Sep 5, 2018 3:17pm Sep 5, 2018 3:17pm
Quoting gespiri
{quote} Or this. {image}
New Analysis. Gbp jpy will turn around when angle is broken 3rd time. IŽll keep you upto date.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 107 KB
POSTMASTER
  • #29,074
  • Sep 6, 2018 12:28am Sep 6, 2018 12:28am
Quoting Robinhood1
{quote} New Analysis. Gbp jpy will turn around when angle is broken 3rd time. IŽll keep you upto date. {image}
Turn down like in that bear flag formation?
Lost....
  • #29,075
  • Sep 6, 2018 4:10am Sep 6, 2018 4:10am
I closed my GBPJPY long at 144.02 with 110pips profit

I will buy again when it goes down
  • #29,076
  • Sep 6, 2018 4:31am Sep 6, 2018 4:31am
Quoting gespiri
{quote} Turn down like in that bear flag formation?
In my opinion 2 more waves after recent high 144.97
POSTMASTER
  • #29,077
  • Sep 6, 2018 4:36am Sep 6, 2018 4:36am
Quoting Robinhood1
{quote} In my opinion 2 more waves after recent high 144.97
This is off the 4hr chart....
Sell at 144.92 - 145.20.
Correction: Looking at 146.00 as well.
Attached Image (click to enlarge)
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Lost....
  • #29,078
  • Sep 6, 2018 5:26am Sep 6, 2018 5:26am
I put pending order to buy GBPJPY @ 142.20 and 141.00

SL 139.00

target 148 to 150

it might take a week or more to reach to my entry
  • #29,079
  • Sep 6, 2018 8:35am Sep 6, 2018 8:35am
Attached Image (click to enlarge)
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2 more highs and then when the angle is broken it is a short position traveling quite a long distance
POSTMASTER
  • #29,080
  • Sep 6, 2018 8:46am Sep 6, 2018 8:46am
Quoting Robinhood1
{image} 2 more highs and then when the angle is broken it is a short position traveling quite a long distance
Long distance is some where around 138.00
POSTMASTER
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